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in the regional economy and again there is so much business activity. and we are blessed with just being in this part of the country and the world. i'm very interested in what we are going to hear from our speakers this morning to sort off guide us through this year. now before we get to our program please join me in thanking the organizations and people who made this possible. and you can clap now for awful them but -- this event is jointly presented by san francisco business times and our partner, title sponsor corn irand carey commercial new mark, night, frank. and we are going it hear from dan clef man and dan class man some 14 year ago really came up with this idea, we sat down over lunch and there was another person involved allen cline knelt and which came up with this idea and so i have to give dan much much credit for that. (applause). . very much so. and in 2012, cornish and carey, dominated the area of commercial real estate with over $6 billion in leasing and sales transactions so very good there. and you are soon going to hear from dan and he is going to give us that a go
this discussion many times. every time we cut taxes, the economy has grown whether on the left with president kennedy or left with reagan. the left said clinton raised taxes and what is often ignored, clinton cut the capitol gains tax and he cut spending as a percentage of gdp. the obama administration want to go the opposite way, if they do they will make fdr a libitarian. >> jamull is it good or bad for the economy? >> i don't think the president said that they should take a hike if the tax hikings don't happen. our biggest problem are the spending cuts . bigger than that are the job losses, and so i am going to talk about tax cuts, a huge one to see happen the government should give tax cut to companies so they can hire new workerings, spending cuts and focusing on the deficit, that is moving us in the wronging direction. if we want to talk about tax cuts, give the corporations that are sitting on records and the dow closed at record highs, give them a tax cut to hire new workers. >> toby, tax hikings are the issue here. this is what dems are calling for. is this the time with the recovery
: the pope, the economy, the smart phone and a tour of rome when we continue. captioning sponsored by rose communications from our studios in new york city, this is charlie rose. >> rose: we begin this evening with continued analysis of the historic events in rome. all eyes on the vatican. on wednesday evening, jorge berguliglo many saw him as a surprise choice. he's the first jesuit. pope francis is known for humanity and long time service to the poor. he inherits a troubled church much reconciled tradition with a modernizing world. joining me now in rome and new york, monsignor lorenzo al katie and frank bruni and on the phone from rome daniel wakin to talk about what has happened since the selection of the new pope -- why this pope. >> two main reasons. one is significant cardinals really did want to go in a different direction. i think they wanted someone that into of could interject a hint of humanity and solidarity with the poor. a tough administrator. and the other part which is hard to figure out is due to the internal policies of the conclave and the jockeying of different groups
to become the head of his own brokerage firm. man who has lived in both america's economies says only the wealthy are cashing in on the stock run. can i get the smith contract, please? thank you. that's three new paper shredders. [ boris ] put 'em on my spark card. [ garth ] boris' small business earns 2% cash back on every purchase every day. great businesses deserve unlimited rewards. read back the chicken's testimony, please. "buk, buk, bukka!" [ male announcer ] get the spark business card from capital one and earn unlimited rewards. choose 2% cash back or double miles on every purchase every day. told you i'd get half. what's in your wallet? told you i'd get half. today is gonna be an important day for us. you ready? we wanna be our brother's keeper. what's number two we wanna do? bring it up to 90 decatherms. how bout ya, joe? let's go ahead and bring it online. attention on site, attention on site. now starting unit nine. some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. if your a man with low testosterone, you should
was a pretty basic statement. i said, when we think about the health of the u.s. economy, we have to remember that a private sector job in a public-sector job -- and a public-sector job are not the same thing. it private sector job pays for itself. a public-sector job is paid for by taxpayers. i thought it was a pretty obvious statement. later, my staff was contacted by a reporter who felt that he needed to fact check the statement. seriously. it was interesting to me, because it said how little so many people understand what makes the economy go. one of our fundamental issues in this country is we have a lot of people setting policy that impacts our economy, but they don't understand how the economy actually works. and the impact of that policy. my second anecdote is this, in a of smallll, 70% business owners said that they thought the federal government was hostile to them. not neutral. not negative. hostile. remember that figure, remember that statement. here we have the stock market achieving record highs day after day. we have large companies in many, many industries reporting record pro
, the japanese economy would benefit. the prime minister said now is the last chance to join the talks. he pointed out that the negotiations started two years ago, and he said it's clear any rules participants have already agreed upon would be difficult to reverse. abe stressed that japan is, for now, just joining the talks. he promised to work out an agreement that suits the nation's interests and use japan's negotiating power to secure protection for certain sectors such as agriculture. abe said many countries are opening up their markets, including the u.s., nations in europe and emerging economies in asia. he said if japan misses the opportunity to join the tpp, it will inevitably be left behind. people in japan and abroad have been reacting to abe's decision to join the negotiations. warren maruyama is the former general counsel at the office of the u.s. trade representative. he sees plenty of benefits down the road. >> i think the united states has long wanted japan to join tpp. there are benefits for us from a strategic point of view from the standpoint of u.s./japan alliance. and i
the stronger than expected economy is what is going to power the market to higher levels, to that 1700 that you see in the s&p 500. but which specific sectors of the market do you think will lead the way? >> well, i like most of the cyclicals better than the defensive stocks, tyler. i think as the market keeps going higher, more and more people are underallocated to economic sensitivity. so i really like the manufacturing stocks, the industrials, and the basic materials. i think the financial stocks have done well and will continue to do well. and i would look at trying to put a little bit into technology stocks that have been really bad for the last year. i think i'm seeing confidence in ceos rise and capital spending going up, and i think that sector could come to life yet in the second half of this year. >> jim, as you know, federal reserve policymakers are meeting on tuesday. do you -- nobody is really expecting any significant change in policy. but do you expect any change in tone and conversation? and how might that impact investor confidence? >> i think today, again, i don't think they'r
revenue. you will get less tax renue when the economy is smaller. this is something that the market understands. they want to see the economy grow. less in the future is better for the economy and markets. neil: that would mean no that if we are continuing on this trend, everything that the markets are celebrating right now, slobby sequestration, whenever you want to call it could be short-lived and there could be problems. what do you see happening? >> well, i think rand paul messages effective not only for the markets, but for the economy and the country at large because he is making a connection between economic liberty and prosperity. he understands that does look to the 20th-ctury. always the most prosperous countries are always the most free. and the message of essentially constitutionality, individual rights, that is tremendously bullish for the market. bullish for the economy. hitting t nail on the head. the fact that everything investors are seeing that we had a sequestered. this guy did not fall. there is still more work to be done in terms of cutting the size of governmen
. because obama didn't learn the lesson from reagan that if you want to turn the economy around, you cut taxes, you reduce spending, you reduce the debt and don't send regulators like locusts to destroy small businesses and jobs. [ applause ] do you know if president obama had followed the reagan policies and we had seen the identical growth that president reagan saw inheriting the same lousy economy barak obama did, do you know that today we would have 7 million additional new jobs in america? let me help make that a little more concrete. 7 million new jobs is the equivalent of giving a job to every man, woman and child in chicago, houston, philadelphia, and boston. that's what we're talking about. [ applause ] and the stagnation under president obama doesn't fall uniformly. listen, if you so happen to be a tax lawyer or an environmental lawyer, you're doing great right now. but i'll tell you the people who are hurting the most are those who are struggling in the least well off amongst us. under president obama, hispanic unemployment climbed to 10%. african-american unemployment to 14%.
into trouble in a way@ that does not expose the economy to rest in does not require a taxpayer bailout. i think that the tools are in place to do that. again, it is a matter of using those tools. there are couple of tngs that the regulators need to do. they need to have these banks to restructure themselves to make them simpler so that they are easier to break up. as a work in progress. they also need to force them to issue more long-term unsecured debthat would be available for lots -- loss absorption of four of them fails. the starter capitol requirements but we also need minimums for long-tm debt as well. and that would make them more resolvable and also, level the playing field between the cost and the smaller institutions. melissa: people walk around now and say to big to fail is alive and well. nothing has really changed. to you agree? >> i think we are making progress. the rating agencies have downgraded some what the mega banks. they still get cheap funding when the go to the market. much cheaper than the smaller banks. we have made progress. my former agency has come forth with some ve
continue to grow an economy, even with a budget deficit, what you are looking at here is gdp but not the way that you are used to looking at it more often than that phot what we talk about d g t we focused on the economy quarter growth range and whether it grew during the quarter this teems you in terms of a absolutely level base basis and reason i'm showing it this way is because for all four quarters of last year the overall economy was better than the it was before the prerecession high water mark and we have turn the quarter into a new expansion and if it didn't feel that way it that is to do with this the none farm payroll and each bar here represents a single month's change in the total number of people who have a job and you add up all of knows jobs that was loss during the recession it's 8.8 million people and we have only created five and-a-half million total job and that leaves us with a deficit of three or so million jobs and we are cranking out more in terms of goods and services but we are doing it with 3 million fewer people in the workforce and is to some exten
>>> how are small businesses affected by the cuts? a mattress maker combat as sluggish economy by attracting buyers by expansion. and he owns several restaurants but found a way to keep hungry customers coming into all of them. at track through expansion, coming up next on your business. >>> small businesses are revitalizing the economy and american express open are here to help. that's why we're proud to present your business on msnbc. >>> hi, there, everyone. welcome to your business, the show dedicated to giving you tips and advice to help your small business grow. america's small business owners are anxiously a waiting to see what i am pact the federal budget cuts known as the sequester will have on their bottom lines. the budget control act which was passed by congress and then signed by the president translates to $85 billion in cuts and spending that many have predicted these cuts will disproportionately harm small businesses. cuts in the defense budget may hurt the most. the sba says small businesses that supply defense contractors are already feeling the pinch. steven
trillions of dollars in economy to fight global warming because it's going to get one degree warmer in the hundred years, we shouldn't worry about the deficit that never stops. it is a crisis and immediate crisis and should be honest about that. >> neil: dagen, he was saying in and of itself a balanced budget isn't the goal. it's getting to that but not at the expense of blah, blah. but in saying that spending not a problem and harry reid said don't touch entitlements and nancy pelosi don't raise the medicare retirement age and we don't have a spending problem either, i put a lot of that together. >> right. my favorite little gift of the president was $100 billion in the budget and they don't say freely raising new revenues through taxes in this budget. it's about $1.5 trillion in new tax revenue on top of the $600 billion in higher taxes earlier this year. that is on top of the more than $1 trillion in obamacare taxes. >> neil: and that doesn't balance anything? >> this is blueprint for what the president wants and what all democrats want, that higher taxes, more taxes and they are
class and an economy built on nnovation. in my state of the union address, our most important task was to drive that economic growth. i meant it. we should be asking ourselves the questions -- how to make america a land for good jobs? how do we equip people with skills and training to do those jobs? how do we make sure that hard work leads to a decent iving? please feel free to sit down. i'm sorry. everyone is standing. maybe it was one of the effects of the sequester. you had to get rid of chairs. [laughter] i chose argonne national lab because few areas hold more promise for creating good jobs and growing our economy than how we use american energy. after years of talking about it, we are poised to take control of our energy future. we produce more oil that we have in 15 years. we import less oil than we had in 20 years. we have doubled the amount of renewable energy that we generate from wind and solar. tens of thousands of good jobs to show for it. we are producing more natural gas than we have before that hundreds of thousands of good jobs to show for it. we have supported the
a balanced budget just for the sake of balance. my goal is how do we grow the economy, put people back to work. >> america doesn't really have a budget right now. it has a continuing resolution, which is an extension of an earlier budget. that continuing resolution expires on march 27th. if congress goes beyond that without at least a patch, the government could shut down. by law, we're supposed to have an actual budget resolution voted on and in place by april 15th. but as i said, we are way behind on that. and then on may 18th, we're set to hit the debt ceiling. some say that's going to be the real showdown. annie lowry is the economic policy reporter with "the new york times." nancy cook is the economic and fiscal correspondent for the "national journal." annie, both sides put budgets out. everybody knows neither one is going anywhere. what happens next? >> eventually we'll go through the same sort of continuing resolution process you've seen in the last couple years. the budgets are political documents. they'll probably both pass their respective houses but there's almost no way to
roofers and home inspector and is then that has a booying fantastic on the overall economy having said that i'm not living with my head in the sand here i recognize that a lot of markets are still suffering a little bit and this graph show you's you the change of value in home price from their local market peak to where they are at present the case sowler composite and san francisco is halfway through the pack there down to about 33% and so whole values are still off from where they were before but if you look at where we are from the low point until where we are today, san francisco is looking a little bit better and oakland is not a member city and they randomly take 20 cities that are plead broadly representative of the housing market and san francisco is the second line on here and posted as one of the naysest paces of recovery and so we get some help from residential construction and we also get help from securelier spending this is what i'm showing here and this is the debt service ratio and it's an interesting concept if says if you add up my mortgage payment and car payment and
, and for the 8th year in a row the access and cost of health has come out no. 1 after the economy. the economy is a little bit broad to deal with. that was no. 1. but health was came as far as something that we can do something about. the interesting one for no. 2 and this is the third or fourth year in a row that the quality of public education came out no. 2 and i think when people talk about small business issue, they don't think about that one. no. 3, no surprise, regulations. no. 4, taxation. no. 5, this is another one that i find can kind of interesting. last year it was actually no. 4, but infrastructure. small businesses are concerned about infrastructure, and it's been borne out again by the survey. as far as some of the interesting specifics of the respondents, 48% provide health insurance, 52% did not provide health insurance. interestingly enough and maybe i will talk a little bit more, 74% almost had never heard of the small business tax credit. 63% had never talked to their state senator. their assembly person or to the governor, which i think is a little scary and it's something
care, and the future of the economy in europe, people at the event told us the tone was encouraging. >> the economy is in the process of healing. the economy is better, it has a ways to go, unemployment is a couple percentage points lower than it was. it was the stanford institute for economic research. the summit is in the 10th year. >>> on keat is -- wall street closed a little bit lower. >>> from a u.s. marine to the san jose police force, one of dozens of stories at the police academy graduated a new closs. how this graduation comes after years of cut backs. >> 43 men and women entered this hall as civilians and they lefts asworn police officer. this is san jose police academy class 18. two women and 41 men marched into park side hall to graduate after the toughest six months of their lives. >> i prefer to think of the last six months and what we have accomplished. we're peace officers, we're realizing our dreams. >> it will be a big honor to be a part of this. 33-year-old matthew barerra joined the department after spending years in the marin
trillion necessary u.s. economy and fight global warming because it gets one degrees warmer in the next hundred yearings. the clock never stops moving and it is an immediate crisis and high should be honest about that. >> dagen, he saying in and of itself, the balanced budget is not the goal. it is getting to that, but not at the expense of bla, blarks. >> and in saying that and spending not being a problem and hearing henry reid saying don't touch entitlementings and nancy pelosi saying don't raise the retirement age and she allings said we don't have a spending problem . i put it together. >> right. my fave rilt little, to the president was hundred billion in new infrastructure spending that is in the budget . they are freely raising new revenue through taxes in this budget. it is like one and half trillion dollars in tax revenue . that is on top. 600 billion in higher taxes this year and on top of the more than one trillion in obama care taxings. >> this is it a blueprint. >> it doesn't balance anything. >> it is a blueprint for what the president and democrats want higher taxs and m
, inheriting the same lousy economy that barack obama did, did you know that today we would have 7 million additional new jobs in america? let me help make that more concrete. 7 million new jobs is the equivalent of getting a job to every man, woman, and child in chicago, houston, philadelphia, and boston. that's what we're talking about. [applause] and the stagnation under president obama doesn't follow uniformly. if you happen to be an environmental lawyer, you're doing great right now. the people who are hurting the most are those who are struggling in the least well-off amongst us. hispanicsident obama, unemployment climbed to 10%. african-american unemployment climbed to 14%. , i have beenme champing what i call opportunity conservativism. -- championing what i call opportunity conservativism. using the means of ascent of the economic ladder. explaining how our free-market system has served as the most incredible engine for opportunity for millions of people from all over the world, who come with nothing and achieve anything. the policies of barack obama do not work, and the people th
numbers on the handling of the economy -- >> if you were a republican right now you'd say i'm sorry, wait a minute. five minutes ago you were beating us about the head and talking about how terrible things were because of the no-good awful republican congress and now we're going to have lob sterp together and suddenly we're friends. gwen: the president was allowed to -- wasn't allowed to eat the blueberry pie because it hadn't been tasted by official tasters. >> maybe but that's why i couldn't be president. everything john says is true. his numbers are going down. republican numbers are already as low as they can go. but the president has to decide what he wants his second -- second term to be. lurching from crisis to crisis or actually getting something done? even on immigration and gun control where you know he really wants to get something done, the goal is not just to get a budget or a grand bargain but even if he can get 10, 15, 20 republicans on his side on those issues then he's going to be able to accomplish something. gwen: are those republicans there? >> i think there are some w
economy. we have strong opportunities in the energy sector, for us to see millions of jobs created in america and we need to quit stopping progress on things like the pipeline, the pipeline, we have an opportunity to build that energy economy, technology and science were two areas we're actually the champions in the world on those areas, so if we would allow for us to focus on growing our gdp, growing our economy we'd find ourselves with a strong opportunity to remain the world's super power. >> uma: coming from the chief executive, did it surprise you he would actually go on the record saying that he thought it was basically, we really didn't have a crisis to deal with? >> yeah, i think you hear democrat leaders saying there are spending problems and surprises to every american. what we should focus on as well is not only that we have the crisis from a financial standpoint. how do we solve that problem? and i look at my personal journey and met an entrepreneur who taught me out to make my way out of poverty of being in business and creating jobs. it'd be nice to have some of our f
. they said the tone was encouraging. >> the economy is in the process of healing. the economy is better, it has a long ways to go, unemployment is a couple percentage points lower than it was a cupper year ago -- couple years ago. the summit is now in its 10th year. >>> teachers have reached a new contract agreement following 10 months of negotiations. the teachers union said the wage increase for this year and next total 4.5%. class sizes are protects. negotiations had reached an impasse until the assembly member agreed to mediate. >> the sim tommy -- symphony grocers are back at the table. they want a wage increase saying they are losing musicians to other orchestras. they are in the top three highest paid symphonies. >>> casino workers took to the streets demanding better pay. >> housekeeping, gaming and food service workers rallied with supporters, workers have been struggling to earn a living wage. the protest comes after a judge cited the casino for labor law violations on march 5. >>> for many people celebrating st. patricks day means drinking.
's less impinging on the economy. you keep hearing the economy is ready to take off. if we can get the government out of the way for a couple years we can get some really nice growth and that will change things up and i think they are sceeding in denuclearizing our conflicts. no fiscal cliffs, no debt defaults. let the economy grow for a change. >> woodruff: what are you hearing. >> the government has to get out of the way, i love that. that's a great one after what we've been through in this country with absolutely no control. and we just learned again this week that the bank's too big to fail, too big to be reprimanded, controlled by the federal government. but i'd say this, judy. there's an old line in politics you dance with the girl who -- barack obama didn't do that. for the past seven years he's gone into hundreds if not thousands of rooms, people with large egos, people with great accomplishments, people who are great skeptical toward him and he went in and he charmed them to the point not only they supported him they wrote checks for him. he comes to washington and that s
that we can't do anything about climate change that the experts are urging us to do and keep our economy growing. what's the argument to respond to that? >> well, i'll tell you, that is a myth. it's a false choice. it's a zero sum game. you either can grow the economy or you can protect the environment, okay? so i changed the question, and i've been doing this now for several years. i said, okay, here's the question: do you believe that protecting the environment harms the economy and costs jobs, has no impact on the economy or jobs, or actually grows the economy and improves jobs? okay? and what do we find? an overwhelming majority of americans, and i'm talking like two-thirds of americans, say that it either has no impact or it actually improves the economy. in fact, that's the most frequently chosen answer is that most americans don't see this as an inherent contradiction. >> what you're saying is that a big powerful industry controls or affects the outcomes of perception in this country disproportionately to what most people think? >> that's right. and, in part, they're able to do th
. >> the economy is in the process of healing. the economy is better, it has a long ways to go, unemployment is a couple percentage points lower than it was a cupper year ago -- couple years ago. the summit is now in its 10th year. >>> teachers have reached a new contract agreement following 10 months of negotiations. the teachers union said the wage increase for this year and next total 4.5%. class sizes are protects. negotiations had reached an impasse until the assembly member agreed to mediate. >> the sim tommy -- symphony grocers are back at the table. they want a wage increase saying they are losing musicians to other orchestras. they are in the top three highest paid symphonies. >>> casino workers took to the streets demanding better pay. >> housekeeping, gaming and food service workers rallied with supporters, workers have been struggling to earn a living wage. the protest comes after a judge cited the casino for labor law violations on march 5. >>> for many people celebrating st. patricks day means drinking. the soaring cost of driving under the influence should have many thinking w
is that uncertainty increases in the city. when uncertainty increases in the economy, investment slows down and we all know that. risk capital starts to dry up. the riskiest fornl is venture capital. what we do on the west coast or new arc or whatever it is, silicon valley is the beating heart. >> when you say risk capital, it is ventures that sometimes fail and sometimes are astronomically successful. >> that's part of the job. we're not talking about a huge amount of money per year. we're talking single-digit millions per year and those billions per year create hundreds of billions of dollars in wealth and in job creation and in wealth creation. so that is the money that dries up first and we're seeing it already in silicon valley. >> you're saying the cuts, what's the part that dries it up, the uncertainty our the can you say to the research spending and what's the this i think that most hurts. >> fastest is uncertainty. confidence is the cheapest form of stimulus. when congress is not acting, when it is acting very poorly, when it is acting, what is happening is the all forms of capital, all forms
, unraveling confidence across the euro sound. >> despite the small size of the economy, all the developments in cyprus could undermine the progress made in 2012 in stabilizing the euro zone. >> with the banks closed and a public holiday on monday, the levy on bank deposits will come into force on tuesday. the bank is taking immediate steps to prevent electronic money transfers over the weekend. inshe is the economist based cypress, as to what the initial reaction to the news has been. a lot and shot and anger this morning because no one ever thought they would be it the normal depositors. thanng people with more 100,000, but the idea that every man and woman and child, it is a big shock for everybody. there is still a question, this is really going to hit the banking and financial sectors, but the business services sector, which had been a growth sector they have been the one creating jobs and revenue. they have taken a big hit and people will be very wary about using cyprus for business. the short term, cyprus can pay its way. for the longer term, the question is still open. >> more serious
are choking the life out of the american economy, which is indeed what is happening. could that be done? what do we think the impact would be? >> i will lead it. >> what do you think would happen if we had millions of small-business owners showing up on the national mall and saying , "this is our country too." tothe government is going -- it would have taken 20% of the taxes paid in mexico. almost 1000 people showed up. there were more people outside than were inside. they werezers said tested out there. i am on the same page with you, carly. >> i marched for the first time 1993. life in summer anof it was a proposal to designate 33 million acres of texas as critical habitat. person isle responsive to the level of interest. i think people should march but i think there should be virtual town halls. shouldcannot come you not be disenfranchised from being heard. >> one of the great opportunities we have comes from technology. everything you're talking about technology makes possible. technology allows us to vote on anything, it allows us to create the opportunity for virtual conversations and t
, health care, and the future of the economy in europe, people at the event told us the tone was encouraging. >> the economy is in the process of healing. the economy is better, it has a ways to go, unemployment is a couple percentage points lower than it was. it was the stanford institute for economic research. the summit is in the 10th year. >>> on keat is -- wall street closed a little bit lower. >>> from a u.s. marine to the san jose police force, one of dozens of stories at the police academy graduated a new closs. how this graduation comes after years of cut backs. >> 43 men and women entered this hall as civilians and they lefts asworn police officer. this is san jose police academy class 18. two women and 41 men marched into park side hall to graduate after the toughest six months of their lives. >> i prefer to think of the last six months and what we have accomplished. we're peace officers, we're realizing our dreams. >> it will be a big honor to be a part of this. 33-year-old matthew barerra joined the department after spending years in the marine corps. i've seen e
in economy plus and promise of a refund for an upgrade never received. >> we got home, we started to call and got nowhere. >> they call and wrote to united. they said the airline would not reimburse miles because they flew back in economy plus. >> we were told by a friend to contact 7 on your side. >> good idea. we contacted united airlines which looked into this case. weeks later the airline reimbursed 40,000 miles to the account. united tells us because upgrade wasn't available on return we placed them on a wait list and an agent offered comply meantry extra leg room economy plus seating. after returning home another agent delayed reinstating miles. we have reinstated the miles and apologized for inconvenience. >> we were happy to get our miles back thinking would it never work. you came to our rescue. >> the policy says you can use miles for upgrade but only if there are seats available in business or first class sections. >> they got their miles. >> yes. >> just ahead at 6:00 labor dispute involving garbage worker asks a program at the center of the controversy. >> also a lawmaker exp
a crazy for years with the economy. we went to the financial crisis and the deficit kind of blew out. i think that democrats are finally trying to get back in regular order in the senate. max baucus is an interesting figure. they can do any tax changes or it entitlement changes that went through the committee. so he is sitting back and waiting for the issues to come to him. he has already had tax reform hearings. so he is one that will watch this move forward. >> democrats need only 51 votes to pass the budget outline. no doubt it will, but we can't wait to see which senators get lined up as potential sacrifices. the senators running in 2014, mary landrieu, mark begich of alaska, they might get a pass from harry reid. >> that is right. they control a couple of things, but we know that republicans are struggling with the same issue. the president is trying to give someone public and senators to work in a bipartisan way. but there's a lot of consternation in the house about house republicans. going after conservatives who look at tax increases as part of a deal. there is pressure from the
of this economy and i think we'll be pleasantly surprised when we get this housing starts number. of course, the fed bull from hell crowd will ratchet up their bets. that lightning will strike on wednesday if they see a strong number. and i think they will be, unfortunately, unpleasantly surprised when they see it because nobody in that crowd wants to see any good. i actually like things that are good. old fashioned. housing's so strong that it's lifting all boats including brunswick by the way and the housewares. so let's listen to william sonoma conference call on their earnings on tuesday to be sure the carryover's intact. now, i'm thinking this may be long in our ever expanding great index or maybe it's the greater gatsby index. i once bought a pot for like $200. it was a big, round cast iron, red thing and then i saw it at the jersey shore outlet for almost half the price. and i am still kicking myself. eighth anniversary, nothing's changed. now, we use a ton of gauges to measure things like retail sales and employment around here that are bottoms up, meaning we look at what individual
the economy moving and get jobs back and i spent hours this week in a budget committee and will be going back soon and the budget is on the floor next week, and those will continue to be the issues i put my primary focus on. >> what do you say to a gay constituent in ohio who says i am so glad he changed his position, and why didn't he as my representative care about my rights before? >> i would say that i had a change on heart based on a personal experience, and that's certainly true. dick cheney had a similar experience and i talked to him about this, and it was not an issue i gave much thought to, and maybe i should have, and i got into public service because of my concern on the economic and budget issues and that has always been my focus. >> and the very last question i will ask was going to be about dick cheney. did you call him for advice because he had a situation very similar? >> yeah, i spoke to him penally. >> what did he tell you? >> rob, do what is in your heart, you know. i mean, he was -- he was a good person to talk to because he also was surprised by the news, and in that cas
mess. a total and complete mess. what we need is leadership. now, by fixing the economy we're able to solve the problems that we really do need to solve immediately as a nation, medicare, medicaid, social security, they become affordable when we become a wealthy country again. you know part of the reason that the republicans and even the democrats they're talking we have to cut, we have to talk because our country isn't doing it. new technology has shown that we have tremendous wealth under our fete in the form of energy. right under our feet. north dakota is a great example. [applause] we're not allowed to go and get it. so we go to opec nations that think we happen to be, they are all friends of mine. they think we're the stupidest people on earth. they can't believe what they are getting away with. we could become so easily the energy capital of the world. so what i say is this, we have to start building things. we have to start manufacturing, not just taking care of people, not just taking care in terms of health care. that is not manufacturing that is money going out. we have
. that is a gift economy. it is predicated on the idea that some things have an unconditional value. you cannot put a price on it. we just said, everything is a gift in our city. you cannot buy or sell anything. there is no advertising. you are not surrounded by this nattering pandemonium of commercial messages, which is so relentless. and lo and behold, we discovered, had a certain point in a community, when everyone is giving, -- people began to have experiences that were revelatory. they began to feel like they were in touch with that unconditional reality, which perhaps in their youth they identified as their life's goal. it creates a world in which -- just saturated with meaningful encounter. and it seems to have been contagious because people have now left our event and they have left our world and they continued to do activities. they did not go to a festival and say their appetite. they came back and tried to change their world. that is why we are starting this burning man project. we think there is a law that we can do together. try it sometime. try living for eight days without buying, se
is closing down because they do not have any kids. the economy has been based on mining. there are some tourists that come through. hunters. some of our people come through and leave money in their wake. a little town like that does not know how to make money. but they have learned in certain ways. we have made significant charitable contributions. i do not want to great -- take much credit for this, but we are helping to keep them alive. the thing about our event, we do not do commercial things at the event. it spreads out the economic development to our neighbors. the piutes down the road are now doing in the in taco stands now and we know them. there was the day when we were considered scary, coming from san francisco, you know. it is much easier to break into a big city. but we are well accepted and respected because we talk straight with everyone and we have benefited everyone. >> one more question and then one final question for you. >> something my friends have talked about is this kind of bipolar attitude of what it takes to look like a burner. it is expensive, what it takes to
report showing a tale of two economies, young people struggling and millionaires the number is surging. what is needed that is still ahead. >> kelly: and we are less than two hours away from results of the cpac straw poll. what will it tell us about the presidential field in 2016? >> we're not here to rebrand the party. we are here to rebuild a country. [ phil ] when you have joint pain and stiffness... accomplishing even little things can become major victories. i'm phil mickelson, pro golfer. when i was diagnosed with psoriatic arthritis, my rheumatologist prescribed enbrel for my pain and stiffness, and to help stop joint damage. [ male announcer ] enbrel may lower your ability to fight infections. serious, sometimes fatal events including infections, tuberculosis, lymphoma, other cancers, nervous system and blood disorders, and allergic reactions have occurred. before starting enbrel, your doctor should test you for tuberculosis and discuss whether you've been to a region where certain fungal infections are common. you should not start enbrel if you have an infection like the flu.
in more than 212 million just in february alone. the entire economy of this city is based in gaming, 33,000 people work in the industry. here at the golden nugget atlantic city casino, they have a golden nugget. look at that. they have a hoel, cay casino, ad marina in the heart of new jersey. he from the general manager at the bottom of the hour, and i sit down with a blackjack dealer and learn for the first time how to play blackjack. i never played it in the casino before, and you'll never guess how i did. it'sot just gambling, but the biggest trends in alcohol these days, bourbon, plus, tobacco, porn, reality tv, and how your smart phone is a vice. we have a sinful hour ahea capping it off with how you at home as an investor can make money on it all. first tonight, our top story. obamacare's latest surprise is a new fee to hit employers. douglas holtz-eakin, president of the and former cbo director. great to talk to you. i was shocked to hear about the fee, $63, noody knew it was coming, $63 per employee, so for a company like boeing, that's $10 million just for the fee alone. what i
things. we must prioritize the economy, and power energy growth, reform education. i believe we are starting for leadership -- starving for leadership. i believe revitalization must be addressed on the state and national level. as conservatives, or identity has become lost amidst diverging messages. we need laserlike focus on the economy. we need to analyze every proposal in light of, will this get america back to work? we need to get people working by reducing the government's role in creation of jobs. my state's motto, mountaineers are always free, which is a delicate means to me that we need to limit government and create more workers independence. in west virginia and so many other states, this means treating a level playing field for all businesses, regardless of their union status. west virginia is the perfect ground for our national principles. west virginians are fiscally conservative, we have the best rainy day fund in the nation, but nonetheless, employment has in my state.ed when liberals are the cause of the low economy, they seem to blame conservatives. i don't unde
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